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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: dougjn who wrote (4369)8/27/1998 2:41:00 PM
From: donss  Read Replies (2) | Respond to of 10852
 
To anyone,
I am trying to plan my LOR investment strategy and wonder where everyone sees LOR going from here? Assuming the world economy somewhat stabilizes and world markets do not continue to decline, do you think investors will step in and buy LOR at ~19.5 or wait until after we have a few successful Zenit launches.

I do not believe we will see any significant price appreciation until we have 1 or more successful Zenit launches. Prior to today, LOR showed a clear downward slope for the past 4 weeks. I don't think we will see any price run up in advance of the Zenit launches like we saw with the Delta launches. If anything I think the prices may be pushed down even more.

All thoughts are welcome,
Don